Erdene Resource Development Corporation (ERD) Financials
TSX: ERD · Gold · Production stage
- Market cap$404.8M
- Share price$6.18
- 52-week range$4.54 – $10.95
- Shares outstanding65,493,544
- ExchangeTSX
- Websiteerdene.com
Erdene Resource Development Corp. is a Canada-based resource company producing gold at the high-grade, low-cost Bayan Khundii Gold Mine in underexplored and highly prospective Mongolia. The Company has interests in a portfolio of precious and base metal projects near the Bayan Khundii Gold Mine in the Khundii Minerals District, which provides a robust organic growth pipeline. Erdene Resource Development Corp. is listed on the Toronto ('ERD') and the Mongolian stock ('ERDN') exchanges and OTCQX Market ('ERDCF'). Further information is available at www.erdene.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.
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Erdene Resource Development Corporation financings
2 financings announced or closed by Erdene Resource Development Corporation, read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-01-26 | Erdene Resource Development Corporation (ERD) | LIFE offering, bought deal | Closed, 1 tranche | $25.0M | $8.90 | Erdene Announces Closing of $25 Million Bought Deal Private Placement |
| 2024-02-08 | Erdene Resource Development Corporation (ERD) | Debt | Announced | US$80.0M | — | Erdene Secures Debt Financing FOR Bayan Khundii GOLD Project from Strategic Partner |
Erdene Resource Development Corporation debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Erdene Resource Development Corporation has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2024-02-08 | Loan, signed | — | US$50M | 13.8% |
| 2020-10-13 | Convertible note / loan, converted | EBRD | US$5M | 10% |